AGR Dues Nullified the Advantage of Tariff Hikes for Telcos: Crisil
Adjusted Gross Revenue (AGR) dues have nullified the advantage for the telcos which tariff hike on December 2019 had created, said Crisil Research. As per an ET Telecom story, the company’s return on capital employed (ROCE) has dropped because of the AGR dues liability. The tariff hike should have increased it, but because of the AGR dues, the effect of tariff hike is rendered useless for when the ROCE of... Read More